🇺🇸🇪🇺 The Trade and Tech Council is a key forum to deepen transatlantic cooperation on trade facilitation and global standards on tech and security.
10 working groups address key trade and technology issues, in order to deepen transatlantic cooperation. It delivers. #TTC
🧵👇
🐦🔗: https://n.respublicae.eu/Trade_EU/status/1599854338272174081
The EU and US agreed to address and mitigate semiconductor supply chain disruptions, and signed a commitment to reciprocal transparency on semiconductor subsidies.
We need to avoid a subsidy race.
🐦🔗: https://n.respublicae.eu/Trade_EU/status/1599854428852391936
Cooperation in the TTC has been instrumental for the swift and aligned deployment of export controls on advanced technologies against Russia.
The EU and the US agreed to further cooperate in this field, particularly with respect to information sharing.
🐦🔗: https://n.respublicae.eu/Trade_EU/status/1599854807996506112
In short:
The TTC cuts unnecessary red tape.
The TTC boosts trade between the EU and the US.
The TTC works.
🐦🔗: https://n.respublicae.eu/Trade_EU/status/1599854816104046592
The EU and the US agreed to launch the Transatlantic initiative on Sustainable Trade.
This initiative will enhance work across the TTC that strives to support the transition to low-carbon economies and to increase green trade and investment.
🐦🔗: https://n.respublicae.eu/Trade_EU/status/1599854810827993088